Larsen & Toubro secures $915 million construction contracts in India

India-based Larsen & Toubro (L&T) has announced that its Buildings & Factories Independent Company has been awarded new contracts worth INR41 billion ($915.5 million) for the construction of airport expansion, hospital, commercial, residential buildings including factories in India.

L&T has secured orders worth INR16.38 billion ($365.3 million) in the Commercial Buildings & Airports business from reputed customers which includes design and construction of airport terminal expansion, hospital and medical college and other commercial buildings.

The company has also secured orders valued at INR20.51 billion ($458 million) for the construction of residential towers from leading developers across major cities.

L&T has secured orders worth INR4.11 billion ($91.7 million) for the construction of factories from esteemed clients including additional orders in the ongoing contracts.

The new orders further enhance the order book of the company which has already secured for major design & build contracts in Airports, IT Parks commercial and residential space.